SIG Speaks

MAY 11, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Nathan Coffet discusses the process of updating a Third-Party Risk Management program and the benefits it can have. The multiple languages and cultures add a layer of complexity.

Risk Management 40

Risk Management Risk Management Management Out-Tasking 40

Risk Guide

NOVEMBER 15, 2020

By Horst Simon, The Risk Culture Builder. Maybe the time has come to finally take the people side out of Risk Management—let us change the Basle definition and say Operational Risk is just systems, processes and external events, that is anyway the perception that was followed by most in the world.

Risk Management 59

Risk Management Risk Management Management Government 59

Risk Guide

FEBRUARY 3, 2022

Mykhailo shares his fascinating story of how he ended up working in the Ukraine as a Chief Risk Officer at the age of only 26, having taken an interesting path through Italy and the Czech Republic. Episodes will be released every few weeks here on the Risk Guide website and via our LinkedIn ( [link] ) and YouTube pages ( [link] ).

Risk Management 52

Risk Management Risk Management Management Service 52

SIG Speaks

APRIL 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

Risk Management 40

Risk Management Risk Management Government Management 40

Vilmate

JANUARY 11, 2024

Today, we want to review the highlights of 2023 and discuss the significant events in the IT world. Web Summit 2023 Web Summit is the biggest and most well-known technology event that has been happening in major European cities for several years. Forbes describes this event as a “rock concert in the field of technology.”

Cybersecurity 52

Cybersecurity Healthcare Analytics Design 52

Forrester Digital Transformation

FEBRUARY 3, 2022

The average firm’s list of business and risk management priorities looks very different today than it did two years ago. For starters, according to Forrester data, 43% of enterprise risk management (ERM) decision-makers report having experienced three or more discrete critical risk events over the past 12 months.

Risk Management 130

Risk Management Risk Management Management Government 130

McKinsey and Company

MARCH 30, 2023

Direct losses from operational-risk failures are mounting, and in today’s volatile economic environment, consequent losses in share price are many times greater.

Risk Management 95

Risk Management Risk Management Management Service 95

Forrester Digital Transformation

MARCH 22, 2023

Poor risk management practices, a questionable corporate culture, and a long series of scandals created an explosive mix that led to Credit Suisse’s collapse and consequent acquisition by rival UBS.

Banking 130

Banking Risk Management Risk Management Management 130

SirionLabs

MAY 2, 2022

A force majeure clause allocates the risk of loss if performance is hindered, delayed, or prevented because of an event that the parties could not have anticipated or controlled. Its legal value notwithstanding, a contract safeguards against conflicts and helps mitigate risks. How do organizations safeguard against such risks?

Insurance 52

Insurance Nearshoring Offshoring Analytics 52

McKinsey and Company

MARCH 3, 2023

explains how the credit bureau managed one of the biggest data breaches in history, her learnings, and how cybersecurity is rapidly changing. Julia Houston, chief strategy and marketing officer at Equifax Inc.,

Cybersecurity 73

Cybersecurity Management Marketing Risk Management 73

Risk Guide

SEPTEMBER 2, 2022

Alexander highlights an excellent example from Pakistan of strong and positive leadership that can only improve risk culture. For further information about Mykhailo and his career, you can find the Risk Managers Getting Coffee series on: [link]. We also discuss the potential wider ripple effects of the war on the world economy.

Government 78

Government Risk Management Risk Management Banking 78

31 West

JUNE 5, 2023

Security Information and Event Management: Microsoft’s Sentinel is a robust security tool, which offers clear visibility into an organization’s security operations. The machine-learning capabilities with AI-powered security tools give detailed risk-management insights, allowing businesses to prevent insider threats.

Risk Management 130

Risk Management Risk Management Accounting Event Management 130

Everest Group

MAY 24, 2024

Next, they need to take inventory of existing AI assets like models, tools, and systems, classifying each into the four risk categories outlined by the Act. Crucially, a cross-functional team should be formed to oversee AI risk management, drive compliance efforts, and execute mitigation plans across the organization.

Service 64

Service Risk Management Risk Management Cybersecurity 64

IBM Services

MARCH 25, 2024

As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 These climate events have a huge potential impact on financial institutions.

Insurance 92

Insurance Service Accounting Risk Management 92

Perficient Digital Transformation

SEPTEMBER 4, 2024

Or you must have watched the Olympics or other sports events like cricket, football, etc. When you focus on national players during significant events, you can observe stress and anxiety in performing at that level. Structured approaches like SDLC emphasize planning, alignment, and risk management to ensure successful deployments.

Design 105

Design Risk Management Risk Management Software 105

Forrester Digital Transformation

SEPTEMBER 28, 2022

Learn how to reduce the three most common types of insider threats in this Security & Risk event preview.

Risk Management 244

Risk Management Risk Management Government Cybersecurity 244

31 West

SEPTEMBER 24, 2024

Overall these events endanger customer information, business secrets, and ideas leading to losses of recognition, fines, and litigations. In such a high-risk environment, it is clear that data backup and recovery solutions are vital in protecting businesses from cybercrimes.

Retail 130

Retail Regulations E-Commerce Insurance 130

Capgemini

OCTOBER 30, 2024

They touched upon reporting, risk management, growth, innovation, and much more. Their existing environmental and social risk management (ESRM) policies should have established guidelines for due diligence when managing such risks. Central banks and regulators often request risk-assessment scenarios.

Banking 52

Banking Service Insurance Finance 52

Risk Guide

APRIL 24, 2023

By Mykhailo Rushkovskyi – Originally published on RUNDERC The “gray rhino” concept describes probable events that have a high impact on society. Unlike the unpredictable nature of Nicholas Taleb’s “black swan” events, gray rhinos are visible and well-known risks that are often overlooked until it is too late.

Risk Management 52

Risk Management Risk Management Research Collaborations 52

IBM Services

MAY 1, 2024

Supplier relationship management Generative AI can analyze supplier performance data and market conditions to identify potential risks and opportunities, recommend alternative suppliers and negotiate favorable terms, enhancing supplier relationship management.

Supply Chain Management 83

Supply Chain Management Inventory Management Risk Management Risk Management 83

Premier BPO

NOVEMBER 6, 2024

1 Such an event could cause potential blows to the business, including financial penalties, regulatory scrutiny, and erosion of consumer trust. Strategic crisis management in such a situation safeguards the brand’s integrity and ensures long-term market relevance.

BPO 75

BPO Outsourcing Pharmaceuticals Customer Support 75

Forrester Digital Transformation

NOVEMBER 29, 2022

Earlier this month, we hosted the Forrester Security & Risk event — three jam-packed days of leading-edge security content. One of the major highlights of the event was the ForrWomen Leadership Summit. This was a full day of activities and networking for women security leaders to kick things off.

Risk Management 130

Risk Management Risk Management Cybersecurity Management 130

Perficient Digital Transformation

MAY 30, 2024

Our banking risk and regulatory experts are excited to attend the upcoming XLoD Global event in New York on June 11th. The world’s leading financial institutions and regulators come together at XLoD to discuss the future of non-financial risk and control. What is XLoD Global?

Banking 52

Banking Risk Management Risk Management Regulations 52

IBM Services

OCTOBER 30, 2023

Responses to the required questions that avoid intensely technical detail will allow for conversations on cybersecurity risks to be more accessible to all parties involved with the company. In fact, the Cost of a Data Breach Report 2023 found that the average cost of a breach climbed to a new high of USD 4.45 million, representing a 15.3%

Cybersecurity 78

Cybersecurity Regulations Risk Management Risk Management 78

Perficient Digital Transformation

OCTOBER 12, 2022

ServiceNow is named a Leader in the Forrester Wave : Governance, Risk, And Compliance Platforms, Q3 2021, and a Leader in the Gartner 2021 Magic Quadrant for IT Risk Management and IT Vendor Risk Management. Applications of ServiceNow GRC Product.

Risk Management 111

Risk Management Risk Management Government Automation 111

SIG Speaks

MAY 23, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Dallin Ingalls shares the inherent value that is associated with a strong third-party risk management framework. Third-party risk management creates "Vault-like" security for a company when it engages with a third party.

Risk Management 40

Risk Management Risk Management Banking Management 40

Perficient Digital Transformation

NOVEMBER 6, 2024

SEC Chairman Gensler foresees potential systemic risks because the use of AI in the financial sector eventually may be driven by a small handful of foundational models, thus creating a “monoculture” with many market participants relying on the same dataset or model.

Regulations 52

Regulations Service Banking Advisory 52

IBM Services

DECEMBER 8, 2023

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Contingency plans should be in place if something drastic changes or risk events occur.

Risk Management 72

Risk Management Risk Management Insurance Cybersecurity 72

IBM Services

FEBRUARY 8, 2024

” European Parliament News The EU AI Act in brief The primary focus of the EU AI Act is to strengthen regulatory compliance in the areas of risk management, data protection, quality management systems, transparency, human oversight, accuracy, robustness and cyber security.

Government 77

Government Regulations Risk Management Risk Management 77

Everest Group

JULY 17, 2024

Such extreme weather events, occurring in regions where they were previously uncommon, are compelling insurers to acknowledge their responsibility in environmental protection. With this approach, we can strategize effectively, choosing paths that optimize financial gains, enhance social impact, or minimize risks.

Insurance 69

Insurance Risk Management Risk Management Regulations 69

Forrester Digital Transformation

APRIL 21, 2023

Climate events occur more frequently every year. Treat this Earth Day as a call to action, and add climate risks to your systemic risk purview.

Risk Management 130

Risk Management Risk Management Management 130

Risk Guide

MARCH 23, 2023

Performing cohesive risk management across different sites is never an easy task, but when the operations of those sites include a multitude of different specialists and technicians, this amplifies problems. The result was an award for best risk communication initiative at the MEA Risk and Insurance Excellence Awards 2016.

Risk Management 52

Risk Management Risk Management Out-Tasking Management 52

Vilmate

JULY 31, 2024

That’s why the two main challenges for a project manager are risks and changes. But is it possible to anticipate all the unexpected events that may arise during development? We asked our talented project manager, Toma Svyatobatko. However, no matter how skilled the PM is, changes will always bring new risks.

Management 40

Management Risk Management Risk Management Nearshoring 40

Perficient Digital Transformation

JUNE 19, 2024

Our risk and regulatory compliance experts, Carl Aridas and Chandni Patel, have just returned from XLoD 2024 in New York. The event brought together the world’s top financial institutions and regulators to discuss the future of non-financial risk and control.

Out-Tasking 52

Out-Tasking Automation Risk Management Risk Management 52

Risk Guide

SEPTEMBER 14, 2022

By Ben Norris for Commercial Risk. A Ukrainian risk manager told Commercial Risk’s latest event that now is the moment for insurance to prove its worth and help his country in its hour of need. My crystal risk management ball says this is not the last systemic shock we will face.

Insurance 59

Insurance Risk Management Risk Management Management 59

Sarah Holliman

DECEMBER 19, 2018

Consider Hurricane Florence or the Northern California “Camp Fire”— the damage from these devastating events will be long lasting to the communities they impacted and the businesses that supported them. Put in context, this translates to roughly five events per day with approximately 25 percent of them requiring an impact notification.

Sourcing 100

Sourcing Advisory Risk Management Risk Management 100

31 West

DECEMBER 1, 2022

It enables you to prioritize security events based on their severity. A robust IT operation management requires streamlined IT operations, no downtime, and better business service quality. The ServiceNow Integrated, Risk Management solution manages all organizational risks, including financial risk, operational risk, and compliance.

Finance 130

Finance Risk Management Risk Management Software 130